Reggie is a self employed taxpayer who turns 59 years old at the end of the year (2019), in 2019, his net Schedule C income was $332,000. This was his only source of income. This year, Reggle is considering setting up a retirement plan. What is the maximum amount he may contribute to the self-employed plan in each of the following situations? (Round your intermediate calculations to the nearest whole dollar amount.) b. He sets up an individual 401(k). Answer is complete but not entirely correct. Maximum contribution 56 000